All Roads Lead To Higher Inflation and Hard Landing - Ep 875
The Peter Schiff Show Podcast
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The PMI composite for February came in at 50.1, the ISM Services Index was 55.1. These are the only data points of the week really that were a little bit better than estimate. But again, I think these were the outliers, the exception to the rule. The rule was weak economic data, but also inflationary data. And this is driving up our trade deficits, which will ultimately drive down the value of the dollar and push up domestic consumer prices.
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